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2020-10-19 14:45:00

GLOBAL OIL DEMAND PEAK: 2040

GLOBAL OIL DEMAND PEAK: 2040

PLATTS - 15 Oct 2020 - Global oil demand is forecast to peak by around 2040 because transport-fuel demand will decline steeply and economic growth will slow in the post-coronavirus world, the Institute of Energy Economics, Japan, said in its annual IEEJ Outlook 2021 on Oct. 15.

"In the post-coronavirus era, we expect demand for transport fuels will be curbed significantly," Shigeru Suehiro, senior economist and manager at IEEJ's econometric and statistical analysis group, told an online press briefing.

"We see…

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Earlier:

GLOBAL OIL DEMAND PEAK: 2040
2020, October, 16, 13:10:00
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Tags: OIL, DEMAND, PRICE,
Chronicle:
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